Thursday, February 6, 2020

Vintage Relation spoiled





Everyday we listen about the new business scandals which states that today’s business has forgotten the ethics and principle which should be followed

I want to light out a another exploitation of business ethics . Have you ever heard about Religare Finvest  this name is not new in investment and financing . Companies hires  other who can promote their business but what will happen if these promoters cross the line of ethics . Yes, promoters of Religare Malvinder and Shivinder Singh (singh brothres ) cheated with their client Religare . These promoters made conspiracy with the internal employees to grab the companies money . 

I and you can not even imagine what they had done . They made two fake companies Modland Wears Pvt.Ltd and Artifice Property Pvt Ltd . At the name of these two companies the promotes with the black snakes applied the loan of 162 crore and 165 crore respectively . The surprising thing is both of the loans approved in just 32 minutes , Legally which is almost impossible paper work which had done only for formality . Board of directors was unaware .As everyone gets the reward for their work RBI redflagged the fraud which was taking place inside the walls of companies . Now the Singh Brothers have to pay fine and had to wash hands from the brand promoters as well . Sleeve cap employees also been fired out of the company 
Now the question is this what is going on ?, The person which companies are trusting these persons are cheating with the company . This shows that ethics and principles are not present . As far As my opinion is concerned all which singh brothers have done is completely wrong .If I was  at there place i never do that . For me my loyalty towards my organisation is  prior . Incidents of this type should not be there . My ethics and principles are the first thing for me . No matter what number of chances I m getting I will not cross the limits of my values . We all are the part of society whether it is corporate or not Almost every individual is intelinked with each other .  As per my consideration business is not an activity of one side it can be took place .It is right it is only for benefits but for own benefits we should not exploite others , no one should take the disadvantage from others . The essence is this every individual as well as a company should work with their own principles , values and ethics but should also bother about other’s . I have written this blog only to highlight the current business ethical issues and these ethical issues should be dislodged .  Thanks for read it out

26 comments:

  1. Totally impressiable extraordinary work
    Excellent πŸ‘

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  2. Great work!!Looking forward for your future blogs!!

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  3. Good job bro an excellent article

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  4. good information mahesh nice article keep going on

    ReplyDelete
  5. Awesome
    Ur creativity πŸ‘ŒπŸ‘ŒπŸ€žπŸ€ž
    Good work continue......

    ReplyDelete
  6. good effort well done

    ReplyDelete
  7. Try to do more like this mr champ

    ReplyDelete

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